2025 TOP to CVE Historical Review

YEARLY HIGH

44.7277 CVE

YEARLY LOW

38.7451 CVE

YEARLY AVERAGE

40.6374 CVE

2025 TOP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2025

During 2025, the TOP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 44.7277. Conversely, the yearly low was recorded on September 17, dropping to 38.7451.

This high-to-low spread represents a total annual volatility of 5.9826 CVE. From a start-to-finish perspective, comparing the January average rate of 43.9011 to the December average rate of 39.1434, the exchange rate registered a net change of -10.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2025 high of 44.7277 was up 0.81% compared to the 2024 peak of 44.3673, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TOP based on timing:

Yearly Peak High 223,638 CVE

2024 Average 215,300 CVE

Yearly Trough Low 193,725 CVE

Transaction Impact: A difference of 29,912.87 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2025.

44.4815

38.5837

JanuMarcMayJulySeptNove

TOP to CVE Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 41.9751, compared to 39.2998 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.6753 points.

H1 Avg (Jan–Jun) 41.9751

H2 Avg (Jul–Dec) 39.2998

Volatility Range Comparison

Volatility

The most volatile month in 2025 was April, with a trading range of 2.4476 CVE (High: 42.4305 / Low: 39.9829). On the other end, November was the most stable month, with a tight range of 0.5353 CVE (High: 39.9277 / Low: 39.3924).

April Spread (Volatile) ±2.4476

November Spread (Stable) ±0.5353

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.5129 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.5129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2025: 43.9011) against the same month in 2024 (average: 42.9374), the exchange rate shifted by +0.9637 (+2.24%).

2025 Avg (January) 43.9011

2024 Avg (January) 42.9374

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	44.7277	43.1679	43.9011
February	44.5161	43.6603	43.9901
March	44.1642	41.9278	42.4771
April	42.4305	39.9829	40.9683
May	41.4252	40.2306	40.6774
June	40.5922	39.0841	39.8364
July	39.9489	38.8115	39.2291
August	39.8815	39.0598	39.3487
September	39.4049	38.7451	39.0752
October	39.6623	39.0066	39.3722
November	39.9277	39.3924	39.6303
December	39.5238	38.8384	39.1434